Reports
16 December 2019

Eurozone Quarterly: Is this recovery for real?

There are gradually more signs that the Eurozone economy is bottoming out after that slowdown that started in January 2018. That's the main theme for our Eurozone Quarterly. From Germany to Greece, France to Finland, we give our assessment of what's really going on right now in the bloc… and what we think is going to happen next. Download the full report now

Executive summary

For the eurozone economy to recover, we need to see the animal spirits reviving. Although sentiment indicators have indeed improved over the last few months, we don’t see much progress in hard data yet.

In this edition of ING's Eurozone Quarterly, we take a look at what's really going on economically and politically in the bloc's major countries; we also take a look at the housing situation.

1. Eurozone: is this recovery for real?
2. Germany: Entering the lost decade
3. France: Moment of truth for Macron's reform ambitions
4. Italy: Hardly growing with lingering political risks
5. Spain: Weaker growth ahead
6. The Netherlands: A milder slowdown thanks to fiscal policy
7. Austria: Modest, but stable
8. Greece: Still in search of a stable growth pattern
9. Belgium: A year later, the stand-off continues
10. Portugal: Economy to slow but the fiscal picture should improve
11. Ireland: Brexit and future trading anxiety
12. Finland: Better than the Eurozone average but not immune to the slowdown
13. European Real estate: Housing expected to cool further

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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more